Resurrection: fine jewelry sales rise 1.1% in 2015
Fine jewelry sales in the US totaled $66.5 billion in 2015 after consumers rediscovered jewelry in the fourth quarter, leading to a resurrection in demand.
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Global economic outlook, Q1 2016
As we head into the new year, there are factors that are bound to have a substantial impact on the path of the global economy. Among these are the decisions that will be made by the US Federal Reserve, the European Central Bank, the Bank of Japan, the People’s Bank of China, and the petroleum […]
An open letter to Leonardo DiCaprio
Taking issue with the star’s rationale for backing a lab-grown diamond company. Dear, um, Leo: Back in 2006, before Blood Diamond was released, Nelson Mandela reached out to the stars of the movie and the head of Warner Brothers
Forevermark’s Lussier appointed chairman of the Diamond Producers Association
Stephen Lussier, chief executive officer of De Beers Group’s Forevermark brand, has taken over as chairman of the Diamond Producers Association (DPA) from Jean-Marc Lieberherr, a spokesperson for the DPA confirmed with Rapaport News.
WDC executive director to participate on diamond marketing panel at IDWI
World Diamond Council (WDC) executive director Patricia Syvrud, will visit the International Diamond Week in Israel (IDWI), including her participation on the Diamond Marketing Panel.
ALROSA keeps prices stable amid stronger rough demand
ALROSA kept prices steady at its January contract sale stressing it sees no reason for prices to fall in current market conditions.
Gold, platinum and silver price predictions for ‘16
New York – Thomson Reuters GFMS has lowered its outlook on precious metal prices for 2016, with gold, platinum and silver all expected to take a dive due to a myriad of factors worldwide.
GIA extends diamond report certification service
Gemological Institute of America (GIA) has announced the extension of its diamond confirmation service until March 31.
To stop bad behavior display a virtuous quote
The research: Sreedhari Desai, an assistant professor of organizational behavior at UNC’s Kenan-Flagler Business School, ran a series of studies in which subjects believed they were part of a virtual team playing a game.
De Beers looks to bring clarity to diamond market
De Beers is to break with decades of secrecy over the state of the diamond trade as it prepares to divulge details of sales for the first time.
De Beers rough diamond sales for cycle 1, 2016
Press Release – The De Beers Group of Companies today announced the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for the first sales cycle of 2016.
Fine jewelry sales up, rough prices down, optimism ensues (unjustly)
Fine jewelry sales in the US posted a rise in November, and there are signs that December was alright too. In the last couple of weeks of December, Mumbai diamond traders had a sudden rise in sales, both from the US and China, leading to a burst of optimism that drove demand for Sight goods.